The Assessing Division is responsible for the classification and valuation of 5,124 parcels in the City of Hopkins with an estimated market value of $1,279,060,400. This total value is 40 percent commercial, industrial and multi-family and 60 percent residential.
Other Assessing responsibilities include homestead administration, special assessments, Board of Appeal hearings and extensive public information regarding property valuations and taxes.
The City of Hopkins contracts with Hennepin County to provide Assessing services.
Hennepin County provides staff members to the Hopkins community. During most of the year, the County Staff is available at City Hall at various times during the week and always available via the telephone. They are responsible for all customary assessing/appraisal services (i.e.: inspections and revaluations of construction, additions, and renovations to residential and commercial property, conducting valuation reviews, and responding to taxpayers assessment or appraisal inquiries).
The Special Assessment Clerk remains at City Hall to answer individual appraising questions, and handle Special Assessments and Homesteading.
Each year, after property valuations notices are sent out, property owners have an opportunity to discuss their valuations with appraisers. This year Hennepin County, which handles property appraisal for the City, will again be holding its "Open Book" meeting on Tuesday, May 6, 2008 from 5:00 to 7:00 pm at Hopkins City Hall. This informal meeting lets you meet with appraisers and ask questions about the value of your property.
However, you do not have to wait for this meeting to talk with an appraiser. If you have a question, after receiving your valuation notice, call the phone number on the notice and discuss the value with an appraiser.
After the Open Book process there will be additional opportunities to appeal valuations through the County Board of Appeal and Equalization and the Minnesota Tax Court.
For more information on this process or to receive information about assessments call 952-548-6310.